RARE CHESTERFIELD 4-FAMILY INVESTMENT | PROVEN RENT GROWTH | 8-UNIT PORTFOLIO OPPORTUNITY | AGENT OWNED Investment opportunities like this rarely become available in Chesterfield. Located in the highly sought-after Parkway Central School District, this 4-family property offers an exceptional combination of location, unusually spacious units, strong rental history & demonstrated upside in a West County market where multifamily ownership opportunities are extremely limited. Each unit offers approximately 1,400 SF, 3 bedrooms, 2 bathrooms, in-unit laundry, a two-car tandem garage & private deck. Three units have recently turned over & been updated, resulting in substantially higher rents & demonstrating the property's rent-growth potential. One remaining unit provides additional opportunity for future rent growth through turnover & selective updates. Unit finishes vary, with a mix of hardwood flooring, carpet & updated features. Conveniently located near shopping, dining, parks, coffee shops & major highways. Showings only with accepted contract. Please do not disturb tenants. 612 Thunderbird Court is also available. Seller prefers to sell both adjacent 4-family properties together as an 8-unit portfolio for $1,875,000. A truly rare opportunity to acquire 2 side-by-side multifamily properties totaling 8 spacious 3BR/2BA units in one of West County's most desirable & tightly held rental markets. Income today with additional upside tomorrow.
| MLS # | 26063239 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $1,590 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 16 |
| Listing Provided By | TdD Premier Real Estate | Aleksandra Skorubskiy |
| SQ Feet | 5,636 |
|---|---|
| Garage | 8 |
| Basement | Y |
| Pool | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.36 |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Forced Air, Gas |
| Appliances | Dishwasher, Microwave, Gas Range |
| Construction Materials | Brick, Brick Veneer |
|---|
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Basement |
| Community Features | Clubhouse, Pool |
|---|---|
| Senior Community Yes / No | No |
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | 220 Volts, Ameren |
| Property | 8270 |
|---|
| State | MO |
|---|---|
| County | St. Louis |
| City | Chesterfield |
| Zip Code | 63017 |
| Area | Parkway Central |
| Community Name | Four Seasons |
| School District | Parkway Central High |
| Elementary School | River Bend Elem. |
| High School | Parkway Central High |
| Listing VS Median (in Four Seasons) | |
Price: $950,000 low | high Med: $937,500 sqft: 5,636 low | high Med: 5,590 $ / sqft: $169 low | high Med: $168 On site: 16 low | high Med: 16 | |
| State | MO |
|---|---|
| County | St. Louis |
| City | Chesterfield |
| Zip Code | 63017 |
| Area | Parkway Central |
| Community Name | Four Seasons |
| School District | Parkway Central High |
| Elementary School | River Bend Elem. |
| High School | Parkway Central High |
| Listing VS Median (in Four Seasons) | |
Price: $950,000 low | high Med: $937,500 sqft: 5,636 low | high Med: 5,590 $ / sqft: $169 low | high Med: $168 On site: 16 low | high Med: 16 | |